In April 2022, Ghana had a $1.33 billion trade surplus.

Ghana's trade surplus in the first four months of 2022 was $1.33 billion, up from $1.107 billion in the entire year of 2021.

This amounts to about 1.9 percent of the country's GDP (GDP).

Total exports in the first four months of 2021 were $6.10 billion, according to the Bank of Ghana's Summary of Economic and Financial Data. This compares to $4.77 billion in total imports.

The improvement in the trade balance is attributable to a rise in the price of crude oil on the global market, as well as increased gold production in the country.

According to the report, gold accounted for $1.87 billion in total export value in April 2022, followed by oil at $1.85 billion.

Exports of cocoa, on the other hand, fell to $1.11 billion in April 2022 from $1.29 billion in April 2021.

Gold shipments for the first four months of 2021 were anticipated to be $1.80 billion.

However, oil exports were anticipated to be $1.14 billion in the first four months of 2021.

The higher price of crude oil has resulted in a strong performance for crude oil exports so far in 2022.

In April 2022, non-oil imports were predicted to be $3.49 billion, while oil imports were $1.27 billion.

In addition, as of April 2022, the current account deficit was $128.2 million, or -0.2 percent of GDP.

This is less than the $197 billion shortfalls, or -0.2 percent of GDP, that occurred during the same period last year.

In April 2022, the overall balance of payment was -$934.5 million, compared to -$429.9 million in April 2021.